Established Banquet Hall in Cutler Bay, Cutler Bay, FL 33157
Miami-Dade County
Key Facts
Description
Established and highly profitable banquet hall/event venue located in a prime high-traffic area of Cutler Bay. Fully licensed and permitted operation with an outstanding online presence, including 234+ positive Google reviews and strong social media engagement. Current lease rate is $6,190/month, with landlord willing to offer a new lease term of 4 years or longer, plus renewal options at the same rental rate. The shopping center offers ample parking with over 400 parking spaces for guests & events. Sale includes transfer of lease, furniture, fixtures, equipment, inventory, phone numbers, customer database, email accounts, websites, and social media profiles including Google, Facebook, Instagram, and TikTok. Business offers strong existing cash flow with significant upside potential through active management, expanded marketing, and additional event bookings. Excellent opportunity for an owner-operator or investor seeking a turnkey business in a growing market. Financials available upon request with NDA.
Property Information
Property Type
Commercial Sale
Sub-Type
Business
MLS® Listing#
A12024086
Property Features
Affordability Calculator
$99,800
Estimated monthly payment
$2,656/mo
Principal $399,200 · Est. interest $556,920 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Cutler Bay, FL
- $355,451
- Median Listing Price
- 79
- Median Days on Market
- 1,787
- Median Sq Ft
- $211
- Median Price / Sq Ft
- 2,137
- Active Listings
- This home’s price is 40% above the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Cutler Bay, FL.
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 2670 RAMSDALE Drive SE, Palm Bay, FL | $349,500 | 4 | 2 | 1,830 |
| 10665 SW 190th St 3102, Cutler Bay, FL | $349,900 | — | — | 1,156 |
| 300 VIKING ST NE, PALM BAY, FL | $349,900 | 4 | 2 | 1,954 |
| 875 GABRIEL AVENUE NE, PALM BAY, FL | $349,900 | 3 | 2 | 2,160 |
| 875 Gabriel Avenue NE, Palm Bay, FL | $349,900 | 3 | 2 | 2,160 |
| 1523 Breese Street NE, Palm Bay, FL | $349,900 | 4 | 2 | 2,038 |
Moving Cost Estimate
Listing Courtesy: Real Estate Sales Force - 3053921497
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